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Nestle SA, the world's largest food group, said Monday that it has agreed to acquire children's food maker Pfizer Nutrition for $11.85 billion.

JPMorgan Chase & Co on Friday won the dismissal of a pension fund lawsuit accusing it of mishandling its money by investing in notes from its client Lehman Brothers Holdings Inc, which later went bankrupt.

Haitong Securities Co. (SHA: 600837), China's second-largest brokerage by assets, raised HK$13 billion ($1.7 billion) in the largest public offering in the world so far this year, media reports said Friday, citing people familiar with the matter.

A federal judge has narrowed Lehman Brothers Holdings Inc's $8.6 billion lawsuit against JPMorgan Chase & Co , potentially reducing how much creditors of what was once the fourth-largest U.S. investment bank may ultimately recover.

Bank of America Corp posted a better-than-expected first-quarter earnings on Thursday as the No. 2 U.S. bank set aside less money for loan losses and capital markets activity rebounded.

Facebook’s $1 billion deal to acquire Instagram may have resulted in pushing the initial public offering price for the No. 1 social media network even higher.

Morgan Stanley's first-quarter results beat expectations, as trading revenue rose sharply and the bank's wealth management business began to improve, sending its shares up in premarket trading on Thursday.

Vitaly Pecharsky, chief technology officer for the shopping site SlickDeals.net, is something of a credit card collector and has 40 active credit cards to show for his passion.

Howard Stern's lawsuit against satellite radio provider, SiriusXM, has been thrown out. The case was dismissed after Judge Barbara Kapnick ruled that Stern's contract only included awards for Sirius subscribers, not those of XM.

Morgan Stanley (NYSE: MS), the exalted New York house of finance that is a veritable icon of white-shoe Wall Street firms, is expected to report first-quarter financial results Thursday somewhat weaker than a year-ago, a consensus of bank analysts has noted, as the firm is unlikely to have benefited as much as peers from positive developments that lifted large-cap U.S. banks during the first quarter.

Bank of America Merrill Lynch, the world's largest wealth manager, is seeking a buyer for its wealth management operations outside the U.S., Reuters said Tuesday.

The bears were on the prowl Friday, as negative economic news out of China, Spain, and the U.S. left global investors struggling to find safe places for their cash -- and the positive developments that did surface appeared to have little effect.

JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC) beat first quarter earnings expectations Friday with the help of rising mortgage revenue, but the weak housing market could drag down future gains for the two big banks.

U.S. stocks fell on Friday and were on track to end a second straight week lower as concerns about the pace of global growth sparked a selloff in financial shares.

Wall Street was on track to end the week lower on Friday as the rising cost of insuring Spanish debt against default increased worries about Europe's financial health, sparking a selloff in financial stocks.

A surge in mortgage banking income lifted Wells Fargo & Co's first-quarter profit by 13 percent, but its shares fell on concern that the bank is falling behind on its drive to cut expenses.

Stocks fell on Friday on renewed concerns about the euro zone after the cost of insuring Spanish debt against default hit a new high.

Stocks fell Friday on disappointing Chinese economic data and renewed concerns over Spain's rising borrowing costs.

Stocks were set to fall at the open on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data.

Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.

Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.

Stock index futures fell on Friday as concerns over Spain's rising borrowing costs resurfaced and after disappointing Chinese growth data, and banks fell after quarterly results.

The bank's quarterly profit totaled $5.38 billion, down from $5.56 billion a year earlier. That translated to $1.31 a share, compared with $1.28 a share as the number of shares outstanding declined.

Bank of America Corp and U.S. Bancorp have been sued by a Chicago pension fund that said they failed to protect investors in their roles as trustees for mortgage-backed securities for Washington Mutual Inc.

Two proxy advisory firms are backing a shareholder proposal to split the roles of chairman and chief executive at Wells Fargo & Co , putting pressure on another U.S. bank to revamp its leadership structure.

That Wall Street expects J.P. Morgan to outperform its peers shouldn't come as a surprise. Besides being the biggest, it's arguably among the three or four most stable big banks.

Asian shares eased Tuesday as investors cautiously awaited Chinese trade data to gauge whether the world's second-largest economy could achieve a soft landing, after a sharp slowdown in U.S. jobs creation clouded prospects for global growth.

U.S. stock index futures traded lower on Monday after last week's much weaker-than-expected report on U.S. job creation for March.

A federal judge approved a $25 billion mortgage settlement with five top U.S. banks over allegations of foreclosure abuses and misconduct in servicing home loans, according to court documents.